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Determinants of Property Rights Protection in Sub-Saharan Africa

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Abstract

This article complements existing literature by assessing determinants of property rights protection with particular emphasis on history, geography and institutions in Sub-Saharan Africa. The empirical evidence is based on a sample of 47 countries for the period 2000–2007. Random effects GLS regressions are employed using property rights measurements from the Mo Ibrahim and Heritage Foundations. The results broadly show that ethnic fractionalisation, Polity IV and GDP per capita have positive effects on property rights institutions while the following have negative effects: military rule, the Protestant religion, maturity from colonial independence and population density. The findings have relevant policy implications for countries in the sub-region currently on the path to knowledge-based economies.

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Notes

  1. More literature on the relationship between the quality of institutions and the performance of nations can be found in inter alia: Acemoglu et al. (2005), Djankov et al. (2003); Baland et al. (2010) and Fosu (2015a, b).

  2. This author has proposed an extensive literature on the determinants of property rights.

  3. Consistent with Asongu (2015b), this second strand has prominently featured in the debate because of arguments about whether permission for the copying of life-saving pharmaceuticals should be given to developing nations that are less likely to afford for HIV/AIDS treatments but most affected by the disease burden.

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  1. African Governance and Development Institute (AGDI), P.O. Box 8413, Yaoundé, Cameroon

    Simplice A. Asongu

  2. Département d’Economie, Université de Kinshasa, Kinshasa, Congo

    Oasis Kodila-Tedika

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Asongu, S.A., Kodila-Tedika, O. Determinants of Property Rights Protection in Sub-Saharan Africa. J Knowl Econ 9, 1291–1308 (2018). https://doi.org/10.1007/s13132-016-0419-z

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